HSB acquires Zeguro’s cybersecurity digital platform
Specialty insurer HSB has acquired Zeguro ’s digital cybersecurity platform, including a suite of cyber risk management tools and services designed for small businesses.
The addition of Zeguro Cyber Safety Solution and key personnel will strengthen the cybersecurity services HSB offers customers and partners, the insurer shared in the announcement.
Founded in 2016, the San Francisco-based startup disclosed $5 million in funding from several investors including Munich Re Ventures. Its platform provides small and mid-size businesses with integrated online access to cybersecurity training, compliance policies, and web application monitoring to identify their cyber vulnerabilities. Currently, Zeguro has around 15 employees.
“A business needs both cyber insurance and security. The combination of HSB’s cyber coverage and Zeguro’s proven risk management platform offers a seamless experience for our customers to get the protection they need.” – Timothy Zeilman, vice president for HSB, part of Munich Re.
“We’re excited to join HSB and Munich Re. It’s a great opportunity to enhance the Zeguro Cyber Safety Solution while creating unique insurance protection for small businesses.” – Sidd Gavirneni, Zeguro founder and CEO.